
17 Bowman Avenue, Barrie
Barrie
$899,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX HALLMARK CHAY REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
3
Days on Market
29
Price Drop
4%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,800/mo
Estimated from market price-to-rent ratios
Remarks
Curb appeal doesn't begin to describe your first impression of this east end remodelled gem! Douglas Fir Post and Beam verandah is wrapped in glass and accented w/ stone walkways and steps! Nestled on a deeper 130 ft lot, the back yard meets your expectations for privacy... **Designed and built in 2021, the 12 x 24 heated salt water pool w/ Polaris robot is an entertainers delight, guests will be in awe of the some 750 sq ft of 2 tone stone pool deck and armour stone accents. At 6 ft deep and with less water to heat the pool is safe and cost efficient . Large stone steps lead from a 19 x 13 patio area sheltered from sun & rain. 10 x 12 bunkie/pool shed w/large front deck finishes the pool landscape. **Rare in an established locale to see a newer 15 x 30 garage offering 11 ft ceilings w/ front & rear doors plus a convenient entry to the kitchen and exit to pool**. 2021 Addition by Prycon Contracting offers Primary Bedroom, w/i closet & 4 pc ensuite w/dual sinks, LED mirrors, tile floors & shower w/ lighting. Living/Dining w/custom barn board accent wall, pot lighting & built in hutch is partly open to the kitchen which has elongated cabinets, pantry, black granite sink and custom marble treated backplash, California Maple engineered hardwood on main level, ceramics in baths & foyer, every exterior door is custom! 2nd bedroom w/ barn doors and custom closet, a 4 pc bath is accessible to this bedroom as well to the living/dining/kitchen/pool. Well designed main floor laundry (was 3rd bed) w/ oodles of cabinets, granite laundry sink, subway tile backsplash and exits to the patio and pool. The lower level offers family room w/ gas FP, laminate floors, pot lighting &, large 3rd bedroom w/ egress window, 2 pc bath, furnace and utility area, 200 amp service 2021 .The addition is fully excavated, has an egress window and 400 sq ft of future living space (see virtually staged gym photo for ideas) Walk to schools, grocery/ hardware store around the corner! Location PLUS!
MississaugaInvestor.ca
17 Bowman Avenue
Detached · 3bd/3ba · ~1,300 sqft
$899,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.1%
Monthly Cash Flow
-$3,314/mo
Estimated Rent
$2,800/mo
Cash-on-Cash
-20.16%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,800 |
| Mortgage | −$4,138 |
| Property Tax | −$862 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$749 |
| Vacancy (5%) | −$140 |
| Cash Flow | -$3,314/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$33,600 |
| Vacancy (5%) | −$1,680 |
| Property Tax | −$10,339 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,990 |
| Annual NOI | $9,891 |
| Cap Rate | 1.1% |
Cash Required to Close
| Down Payment (20%) | $179,800 |
| Ontario Land Transfer Tax | $14,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $197,255 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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